Property profile

2610 Stone Dr Kingsport, TN 37660

OFF-MARKET
Turn key restaurants
Property ID
US80-0505384
6,858 SF 1.88 ac lot Built 2006
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,331-square-foot retail property, situated on a 1.88-acre lot in Kingsport, Tennessee, presents a unique investment opportunity. The building currently houses a restaurant and car wash, and its versatile design makes it suitable for a variety of uses, including casual dining, automotive services, or light medical facilities. Located on West Stone Drive, Kingsport's primary east-west retail thoroughfare, this highly visible outparcel enjoys a signalized intersection with excellent access to Interstates 81 and 26. The property boasts ample parking with 111 spaces and two convenient points of ingress/egress. Pylon signage is available, enhancing visibility and brand recognition. The site benefits from high traffic counts of 29,862 vehicles per day on West Stone Drive. Restricted uses include convenience stores and fuel stations. This property offers a compelling combination of size, location, and visibility, making it an ideal investment for a discerning buyer. The property is located in Sullivan County, Tennessee, zip code 37660, and is approximately 5 miles from the Virginia border.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2006
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,858 SF
Lot 1.88 ac (81,893 SF)
APN 082045B C 02410
UPID US80-0505384

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2610 Stone Dr Kingsport, TN 37660-2300
Kingsport metro Census 41600 KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2014
Last sale
$1.5M
3 recorded transactions
2014
$1.8M
2011
Price N/A
2006
$600,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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